Ugly day in the market as some momentum was taken out of the market via bio and technology stocks.
SPY basically stuck in range so far with 200 MA as support. QQQ found support in 50 MA and needs to hold that.As i have wrote in earlier post, market might get stuck in range for rest of the summer. Earning season continues and we are mostly trading earning related stocks like LL , Z, PHH in chat room for decent gains.
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